BlackRock announces monthly dividends for several municipal bond funds amid recent declines.

BlackRock has announced monthly dividends for several of its municipal bond funds, including MUI, MHD, MUA, MYI, MQY, MIY, MUC, MVF, BYM, BLE, MYN, and MQT. These funds, managed by BlackRock Advisors, invest in municipal bonds exempt from federal income taxes, with annualized yields ranging from 5.31% to 5.89%. Despite the current dividends, many of these funds have seen dividend decreases averaging 3.4% to 15.5% annually over the last three years.

November 13, 2024
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